The DJIA continues to break the bearish trend today

US trading opened with a great increase of DJIA today

In brief: Today's session at the US stocks opened with a small increase in stock indexes. DJIA is going up.

Today’s session at the leading U.S. stocks opened with a small increase in stock indexes as the Dow Jones index increased +133.74 (1.37%), the S&P rose 0.1% and the Nasdaq grew 0.2.%. Just before the beginning of today’s trading the prices for raw materials grew rapidly, leading to the shift of investor’s moods. By the beginning of the session the oil quotations rose more than 1%, overcoming $72 per barrel. DJIA is 9,877.36 points at the moment.

Most of the securities from the DJIA opened the trading in the green area. The shares of JPmorgan Chase and Bank of America showed the best results, rising 0.7%. The Cisco Systems shares increased 0.6%. On the contrary, the Merck securities decreased 0.4%, the Procter and Gamble fell 0.2% and the Verizon communications lost 0.3%. Now the Dow Jones index rose 1.29% or 125.60 points.

Olga Bespalova
2010-07-07 16:36, Economics.

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